Three years ago, James Matheson bought 300 shares of a mutual fund for $25 a share. During the three-year period, he rec

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

Three years ago, James Matheson bought 300 shares of a mutual fund for $25 a share. During the three-year period, he rec

Post by answerhappygod »

Three Years Ago James Matheson Bought 300 Shares Of A Mutual Fund For 25 A Share During The Three Year Period He Rec 1
Three Years Ago James Matheson Bought 300 Shares Of A Mutual Fund For 25 A Share During The Three Year Period He Rec 1 (9.41 KiB) Viewed 49 times
Three years ago, James Matheson bought 300 shares of a mutual fund for $25 a share. During the three-year period, he received total income dividends of $0.60 per share. He also received total capital gain distributions of $0.70 per share during the three-year period. At the end of three years, he sold his shares for $20 a share. What was his total return for this Investment? Totalream
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Post Reply